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The company, a subsidiary of Dr. Oetker, based in Münster, will use the space as a warehouse for the delivery of food and beverages to private households. The start of the lease is no later than the third quarter of 2023 after the completion of the construction work. With this lease, three quarters of the last expansion phase of the "SEGRO Park Köln City" have already been pre-let. After completion, the entire area will comprise 55,000 square meters of commercial space.

The business park is characterized by its sustainability. It has buildings with green roofs, intelligent systems for determining energy savings, and beehives, insect hotels and nesting boxes to promote biodiversity. In addition, a photovoltaic system is currently being planned, and charging stations for electric vehicles are to be put into operation in the near future.

“Due to its proximity to the city center and Ehrenfeld, the location is perfect for Flaschenpost’s last-mile delivery concept. In addition, the BEG 40 standard planned for the expansion and the directly planned photovoltaic system are an excellent match for the high sustainability requirements of our future tenant,” says Simon Czerwinski, Associate Director Development Light Industrial at SEGRO.

The “SEGRO Park Köln City” is located on Vitalisstraße in the Bickendorf district of Cologne in the Ehrenfeld district on the former AkzoNobel factory site. The site offers connections to the S-Bahn and regional train network. In addition, the district is served by two subway lines, so that the location can be easily reached by public transport. In addition, the district with the A 1 and A 57 is optimally connected to the motorway network.

The users of the business park include Deutsche Post, TIER Mobility, Delicato Foodservice, Alvero Büromöbelvermietung, the online retailer Kapten & Son, deintorte.de, the company Shirtee, which specializes in digital printing, the 0221 Mediagroup and the TV production company Entertainment TV Ehrenfeld.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT) listed on the London Stock Exchange and on Euronext Paris. SEGRO is a leading owner, manager and developer of modern logistics and commercial real estate. The company owns or manages 9.7 million square meters of space valued at €27.6 billion and serves customers across a wide range of industries. The company's properties are located in and around major cities and major transport hubs in the UK and seven other European countries.

For over 100 years, SEGRO has been developing areas that make extraordinary things possible. From modern logistics real estate, primarily used as regional, national and international distribution centers, to urban commercial real estate near major population and economic centers, the company offers high-quality real estate that supports the success of SEGRO's clients.

Commitment to caring for society and the environment is an integral part of SEGRO's purpose and strategy. The Responsible Business Framework, Responsible SEGRO, focuses on three long-term priorities that the company believes can make the greatest impact: driving low-carbon growth, investing in local communities and the environment, and promoting of talents.

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